85,305 Shares in Xylem Inc. (NYSE:XYL) Bought by Exencial Wealth Advisors LLC

Exencial Wealth Advisors LLC bought a new stake in Xylem Inc. (NYSE:XYL) in the 4th quarter, HoldingsChannel.com reports. The institutional investor bought 85,305 shares of the industrial products company’s stock, valued at approximately $9,897,000.

Other institutional investors and hedge funds also recently modified their holdings of the company. Heck Capital Advisors LLC bought a new stake in Xylem in the 4th quarter valued at about $36,000. SRS Capital Advisors Inc. raised its stake in Xylem by 69.5% in the fourth quarter. SRS Capital Advisors Inc. now owns 317 shares of the industrial products company’s stock valued at $37,000 after purchasing an additional 130 shares in the last quarter. Pathway Financial Advisers LLC raised its stake in Xylem by 122.4% in the fourth quarter. Pathway Financial Advisers LLC now owns 318 shares of the industrial products company’s stock valued at $37,000 after purchasing an additional 175 shares in the last quarter. Assetmark Inc. grew its stake in Xylem by 3,887.5% in the 3rd quarter. Assetmark Inc. now owns 319 shares of the industrial products company’s stock worth $43,000 after buying an additional 311 shares in the last quarter. Finally, Catalyst Capital Advisors LLC increased its holdings in shares of Xylem by 226.0% in the 3rd quarter. Catalyst Capital Advisors LLC now owns 339 shares of the industrial products company’s stock worth $46,000 after buying an additional 235 shares during the last quarter. 87.96% of the stock is owned by hedge funds and other institutional investors.

Xylem Trading Down 0.9 %

NYSE:XYL opened at $129.69 on Tuesday. The firm has a market capitalization of $31.51 billion, a P/E ratio of 35.43, a P/E/G ratio of 2.33 and a beta of 1.07. The company has a quick ratio of 1.33, a current ratio of 1.76 and a debt-to-equity ratio of 0.19. The company has a fifty day moving average of $123.12 and a 200 day moving average of $127.15. Xylem Inc. has a 52 week low of $113.26 and a 52 week high of $146.08.

Xylem (NYSE:XYL) last issued its quarterly earnings data on Tuesday, February 4th. The industrial products company reported $1.18 EPS for the quarter, beating the consensus estimate of $1.12 by $0.06. The firm had revenue of $2.30 billion during the quarter, compared to the consensus estimate of $2.18 billion. Xylem had a net margin of 10.40% and a return on equity of 9.96%. The company’s quarterly revenue was up 8.6% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.99 earnings per share. On average, research analysts predict that Xylem Inc. will post 4.65 earnings per share for the current year.

Xylem Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, March 19th. Stockholders of record on Tuesday, February 18th will be given a $0.40 dividend. This is a positive change from Xylem’s previous quarterly dividend of $0.36. This represents a $1.60 dividend on an annualized basis and a dividend yield of 1.23%. The ex-dividend date is Tuesday, February 18th. Xylem’s dividend payout ratio (DPR) is currently 43.72%.

Analyst Ratings Changes

Several research analysts recently issued reports on XYL shares. Citigroup lowered shares of Xylem from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, February 5th. TD Cowen cut their price objective on Xylem from $138.00 to $125.00 and set a “hold” rating for the company in a report on Wednesday, November 6th. Stifel Nicolaus decreased their price objective on Xylem from $166.00 to $150.00 and set a “buy” rating on the stock in a report on Friday, January 24th. Wolfe Research reaffirmed a “peer perform” rating on shares of Xylem in a research note on Thursday, December 12th. Finally, Robert W. Baird lifted their price target on shares of Xylem from $139.00 to $148.00 and gave the stock an “outperform” rating in a research note on Wednesday, February 5th. Four investment analysts have rated the stock with a hold rating and seven have given a buy rating to the company. According to MarketBeat, Xylem presently has an average rating of “Moderate Buy” and a consensus price target of $149.90.

Xylem Company Profile

Xylem Inc, together with its subsidiaries, engages in the design, manufacture, and servicing of engineered products and solutions worldwide. It operates through four segments: Water Infrastructure, Applied Water, Measurement & Control Solutions, and Integrated Solutions and Services. The Water Infrastructure segment offers products, including water, storm water, and wastewater pumps; controls and systems; filtration, disinfection, and biological treatment equipment; and mobile dewatering equipment and rental services under the ADI, Flygt, Godwin, Sanitaire, Magneto, Neptune Benson, Ionpure, Leopold, Wedeco, and Xylem Vue brands.